Swim suit also known as swimwear, is apparel designed to be worn for different purposes such as swimming, water polo, water sports, diving, and surfing. Swim suits can also be worn as undergarment in sports and beach activities including backstroke, breaststroke, sun bathing, and freestyle.
With growing health awareness, people are more interested in sports activities such as swimming, diving, and surfing, which is expected to drive the market growth in the near future. In addition, manufacturers and designers are focusing on different attractive designs and comfort level of swimsuits which is likely to help the market expand. Swim suits also offer protection from sand, salt, chlorine, and other minerals in the water. Moreover, increase in enrollments by adults for swimming lessons and the increasing number of private swimming pools are benefitting the swim suit market. Men’s swim suit shorts are multi-purpose. They can be used as swim wear and casual wear. On the other hand, women are using swim suits for beauty and spa activities. People are adopting swim suits for fitness activities, to protect the skin from UV rays and as thermal swimwear on ocean beaches. One of the major challenges hampering the growth of the global swim suit market is high prices of the product, because of which significant portion of population are reluctant to use swim suits. Furthermore, social stigma in developing countries is also expected to be a limiting factor for market growth. In developing countries, women face resistance while wearing swim suits, which is expected to diminish market growth. Swimsuits from different materials with different styles of fabric prints are expected to present strong opportunity for market growth in the coming years. One of the major trends observed in the market is attraction of young generation toward fancy swim suits. Manufacturers are expected to invest on new styles of swim suit and beach wear to attract consumers. Existing players are coming with new brands to offer multiple choices to customers along with new entrants in the market. Moreover, sports apparel manufacturers are gearing up to offer multi functionality products and comfort for the consumers who are participating in water sports such as surfing, diving, sailing, snorkeling, kite surfing, wakeboarding, and stand up paddling.
The global swim suit market is segmented on the basis of end users, retail format, and geography. By end users, the market is divided into men, women, and kids. In terms of retail format, the market is classified into department stores, specialty retail stores and others. The others sub segment of retail format consists of supermarkets and online retail stores. In terms of geography the global swim suit market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to contribute to significant market share over the forecast period owing to growth in fitness activities. The young population, especially from developed European countries and the U.S. is likely to be substantial revenue contributors to the market in the coming years. In Asia Pacific, Australia is expected to contribute to substantial market share owing to growth in the number of children aged 6-13 participating in outdoor swimming activities.
Major players operating in the global swim suit market includes American Apparel, Inc., Arena S.p.A, LLC, Speedo International, Perry Ellis International Inc., Wacoal, Diana Sport, Jantzen, Inc., La Perla Group, Eveden Group, O'Neill, Inc., Seaspray Swimwear, NOZONE Clothing Limited., PARAH S.p.A, Tefron, Pentland Group PLC, PVH Corp, Quiksilver, Seafolly, and TYR Sport.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.